Active

$315,000

Features:
  • 4 Bedrooms
  • 2 Bathrooms
  • 1674 sq ft
Overview
  • ID: MFRR4911821
  • Bedrooms: 4
  • Bathrooms: 2
  • Size: 1674 sq ft
Property Details
Remarks
INVESTORS: TURNKEY CASH FLOW IN SEMINOLE COUNTY. Stop hunting for deals—this full duplex is the immediate portfolio booster you’ve been waiting for. Offering low maintenance, established stability, and instant cash flow from the moment you close escrow.THE INVESTMENT PROFILE: Instant Stability: Unit B boasts a phenomenal 9-year tenant with a signed lease extending through November 30, 2027, yielding a steady $1,550/mo.Value-Add Potential: Unit A is freshly vacant. Optimize your returns by setting your own market-rate rent, or utilize it as a premier owner-occupant house-hack. Expense Protection: Utilities are entirely decentralized. Separate electric meters and separate county water bills mean zero landlord utility expenses. Capital Expense Reduction: Equipped with a newer roof, drastically lowering your immediate CapEx reserves and maximizing your cash-on-cash return. UNIT SPECIFICATIONS:Both mirror-image units feature a highly rentable layout: 2 Bedrooms / 1 Bathroom, designated private carports, open porches, and individual indoor laundry rooms with washer/dryer hookups. Prime Sanford location with easy access to Lake Mary / Heathrow business centers and major Central Florida transit corridors, major employment hubs, shopping, and dining. Zoned for coveted Seminole County schools. Secure this high-performing property today before the market beats you to it!
Financial Considerations
Price:
$315,000
HOA Fee:
N/A
Tax Amount:
$3245.15
Price per SqFt:
$188.17
Tax Legal Description:
LOT 14 RIDGEWOOD ACRES PB 24 PG 64
Exterior Features
Lot Size:
12286
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
4
Bathrooms:
2
Heating:
Central, Electric
Cooling:
Central Air
Appliances:
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Furnished:
Yes
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Half Duplex
Style:
N/A
Year Built:
1984
Construction Type:
Block, Stucco
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Sliding Doors
Additional Features 2:
N/A
Map
  • Address
    1707 RIDGEWOOD LN #A & B
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